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(Corporate income tax) Boisjoly Productions had taxable income of $19.8 million. a. Calculate Boisjoly's federal income taxes using the tax table shown in the popup

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(Corporate income tax) Boisjoly Productions had taxable income of $19.8 million. a. Calculate Boisjoly's federal income taxes using the tax table shown in the popup window: b. Now calculate Boisjoly's average and marginal tax rates. a. The firm's tax liability for the year is $1(Round to the nearest dollar.) Taxable income Marginal Tax Rate $0-$50.000 15% $50,001 - $75,000 25% $75,001 - $100,000 34% $100,001 - $335,000 39% $335,001 - $10,000,000 34% $10,000,001 - $15,000,000 35% $15,000,001 - $18,333,333 38% Over $18,333,333 35%

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